WWE & TNA Forum
Wrestling News
Loading...


Go Back   WrestleZone Forums > The WrestleZone Forum Archives > The Wrestling Archives
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read
Arcade vBookie

 
 
Thread Tools Search this Thread Display Modes
  #1  
Old 07-25-2011, 06:48 AM
ArcticMonkeys ArcticMonkeys is offline
Future Endeavored
 
Join Date: Jul 2011
Posts: 8
ArcticMonkeys is a member of the JOB SQUAD
Default Panda Energy (TNA) Has More Money Than WWE?

Panda Energy is owned by Dixie Carter's family who has more money than Vince and the WWE.Right now it is a very rich wealthy company. It's earnings are ten times more of what WWE is and thats why TNA has alot money.
Her dad runs Panda and has spent as much as 5 billion dollars just to build 1 power plant. So actually Panda Energy is worth at least 10 times what the wwe and McMahons are worth.
But the Carter family has enough money that tna could lose millions every year and they wouldn't even notice it.Wow if Vince had that much money he would wwe invincible.Seriously what the hell is wrong with tna?With so much money they could have beaten wwe
  #2  
Old 07-25-2011, 07:02 AM
Wonder's Avatar
Wonder Wonder is offline
The baddest Fella in whole Europe.
 
Join Date: May 2010
Location: Guimar„es, Portugal
Posts: 54
Wonder is looking to come up from OCW...
Default

Well, i may get hate for this, but i believe that the reason is Panda Energy and it's owner are not stupid.

He probably already gave a lot of money to Dixie to handle TNA ( see millionarie contracts of Hogan, Bischoff, RVD, Hardy and Anderson ), and TNA's business didn't pick up much. If Panda Energy invested more on TNA, they would probably lose even more money, but that's just my opinion.

Above all else, if ratings and PPV buys don't increase, why should more money be invested?

Btw, this should be on TNA Section.
__________________

Last edited by Wonder : 07-25-2011 at 07:05 AM.
sendpm.gif
  #3  
Old 07-25-2011, 07:11 AM
HeelTurn's Avatar
HeelTurn HeelTurn is offline
Registered User
 
Join Date: Jul 2010
Posts: 19
HeelTurn is looking to come up from OCW...
Default

Here, I'll end this quickly.

Panda Energy is a privately held company, which means that they do not need to report their revenue or profit. However, one source suggests that they make between $10-50 million a year in revenue (keeping in mind that revenue is before you take out operating expenses)(see: http://www.jigsaw.com/id140996/panda..._company.xhtml ). Any company would spend a billion dollars to earn a power plant if over a period it returned more revenue than an equivalent investment. That doesn't say anything about how much they bring in.

The WWE is a public company and does report revenue. Their revenue last year was over 477 million (see: http://www.marketwatch.com/investing/stock/wwe/profile).

So, Panda=$50 million, WWE $477 million. And it would be insulting to he board of Panda if you insinuated that they were going to throw more money into the ocean for no reason.
sendpm.gif
  #4  
Old 07-25-2011, 07:37 AM
Davi323's Avatar
Davi323 Davi323 is offline
semi-retired from WZ
ECW TV Champion
 
Join Date: Dec 2007
Location: near Grand Rapids, Michigan
Age: 42
Posts: 2,281
Davi323 scored a win over Santino Marella...Davi323 scored a win over Santino Marella...Davi323 scored a win over Santino Marella...Davi323 scored a win over Santino Marella...Davi323 scored a win over Santino Marella...Davi323 scored a win over Santino Marella...Davi323 scored a win over Santino Marella...Davi323 scored a win over Santino Marella...Davi323 scored a win over Santino Marella...Davi323 scored a win over Santino Marella...Davi323 scored a win over Santino Marella...
Default

It doesn't matter how much money Panda has, what matters is how much they are willing to invest in a wrestling side project. The WWE is a wrestling company whose sole purpose is to run a wrestling promotion and promote its wrestlers in other venues, such as getting them in movies, etc for the purpose of extending their wrestling profitability. Panda is an energy company that owns TNA as a hobby. Its just one of the little pet projects, not the focus of the entire company. As such, they will never devote the kind of money that goes into the WWE.
__________________
Why is it that the people who know the least know it the loudest?
sendpm.gif
  #5  
Old 07-25-2011, 07:59 AM
yur_momma yur_momma is offline
Registered User
Comedy Jobber For Life: AKA Santino
 
Join Date: Oct 2007
Posts: 203
yur_momma is a member of the JOB SQUAD
Default

Quote:
Originally Posted by Davi323 View Post
It doesn't matter how much money Panda has, what matters is how much they are willing to invest in a wrestling side project. The WWE is a wrestling company whose sole purpose is to run a wrestling promotion and promote its wrestlers in other venues, such as getting them in movies, etc for the purpose of extending their wrestling profitability. Panda is an energy company that owns TNA as a hobby. Its just one of the little pet projects, not the focus of the entire company. As such, they will never devote the kind of money that goes into the WWE.
^^This exactly. Panda Energy might have the 50 million spoken of but they certainly dont have that much dedicated to the wrestling company. a very small fraction of their money is allotted for tna...and to say a company can lose millions for years and not be affected is just hilarious (WCW???) lastly, the carter family's money is an entirely different subject than panda energy's money but you seem to think they are the same thing, like panda energy is just the carters spare bank acct. i gotta think this thread was started by a troll no one can actually believe what the OP posted....
sendpm.gif
  #6  
Old 07-25-2011, 12:01 PM
silrock316's Avatar
silrock316 silrock316 is offline
PHiLLY PuNK
Comedy Jobber For Life: AKA Santino
 
Join Date: Dec 2008
Location: Philly
Posts: 323
silrock316 is looking to come up from OCW...silrock316 is looking to come up from OCW...silrock316 is looking to come up from OCW...
Default

Quote:
Originally Posted by yur_momma View Post
^^This exactly. Panda Energy might have the 50 million spoken of but they certainly dont have that much dedicated to the wrestling company. a very small fraction of their money is allotted for tna...and to say a company can lose millions for years and not be affected is just hilarious (WCW???) lastly, the carter family's money is an entirely different subject than panda energy's money but you seem to think they are the same thing, like panda energy is just the carters spare bank acct. i gotta think this thread was started by a troll no one can actually believe what the OP posted....
This is what I am talking about. This dude is CLEARLY flaming the original poster but did his post get deleted or did he get infracted? No.

On to the post, the poster wasnt saying that a company would not be hurt losing millions a year. He was saying a COMPANY worth the kinda money he thought Panda had wouldnt mind losing that kind of money and that alll depends on the person with the money. I love spending money, I can be broke for 2 weeks straight and not care. Some people feel like shit when they spend money at all.

However money does not make a wrestling company. Sure you will need funds to expand. Say TNA gets bigger and really does try to pry Cena away from Vince which he wont because I think Cena is waiting to date HHH and Stephanies kid(s) but they will need to be able to throw a baseball field filled with money at them to do so.
__________________

I never wish bad to anyone but if I could somehow make Cena go away for 2 years I would
sendpm.gif
  #7  
Old 08-02-2011, 05:08 AM
guru of wrestling's Avatar
guru of wrestling guru of wrestling is offline
Registered User
 
Join Date: Aug 2011
Posts: 3
guru of wrestling is looking to come up from OCW...
Default

Quote:
Originally Posted by yur_momma View Post
^^This exactly. Panda Energy might have the 50 million spoken of but they certainly dont have that much dedicated to the wrestling company. a very small fraction of their money is allotted for tna...and to say a company can lose millions for years and not be affected is just hilarious (WCW???) lastly, the carter family's money is an entirely different subject than panda energy's money but you seem to think they are the same thing, like panda energy is just the carters spare bank acct. i gotta think this thread was started by a troll no one can actually believe what the OP posted....
this.
sendpm.gif
  #8  
Old 07-25-2011, 03:10 PM
bigbootydaddyV bigbootydaddyV is offline
arrogant bastard
WWE Diva's Champion
 
Join Date: Mar 2009
Posts: 547
bigbootydaddyV is looking to come up from OCW...bigbootydaddyV is looking to come up from OCW...
Default

Quote:
Originally Posted by Davi323 View Post
It doesn't matter how much money Panda has, what matters is how much they are willing to invest in a wrestling side project. The WWE is a wrestling company whose sole purpose is to run a wrestling promotion and promote its wrestlers in other venues, such as getting them in movies, etc for the purpose of extending their wrestling profitability. Panda is an energy company that owns TNA as a hobby. Its just one of the little pet projects, not the focus of the entire company. As such, they will never devote the kind of money that goes into the WWE.

pretty much sums it all up... it's not about how much they have but how much they want to spend on TNA. It's just like pro sports owners of shitty teams, they own it and can make money off of it, but are in no rush to spend more money to try and make more off of it. I hope for the sake of TNA that their owners are not quite in that position, but I'm just using that to make a point. A lot of those teams owners have a ton of money yet they short change their own teams so it can just as easily happen in the wrestling industry as well (again I'm not saying that i think this is what IS happening in tna).

One thing I will say though is, and this is strictly according to what i read on this site, but there was a post after Dest X about how some of the TNA originals aren't happy and morale is down and most don't feel any job security etc. Well if that is the case then that is a damn shame. TNA has been improving throughout time, it hasn't hit that breakout point yet but it just may (look at Punk, as GREAT as he is, he only now hit that breakout point, or so it would seem anyways). It's sad that the talent is unhappy at this point because I feel like TNA could be on the verge of that breakout point, but losing some top originals would be a huge set back. If the report is true, TNA needs to lock those guys up (as paul heyman would say, they are the ones who are gonna hit 600 homeruns in the future so why not snatch em up). I personally think these guys should be given some lucrative k's because that will be a way to attract future talent and possibly get guys to switch over from WWE. The best parts of the 80s and 90s was the way a wrestler could switch over companies and it would be nice to see more guys get fresh starts in TNA and then either become huge stars there or return to WWE as bigger stars and vice versa.
sendpm.gif
  #9  
Old 07-25-2011, 08:20 AM
hunterXhunter21's Avatar
hunterXhunter21 hunterXhunter21 is offline
YA-HA!
 
Join Date: Jan 2009
Posts: 192
hunterXhunter21 is looking to come up from OCW...
Default

Ok, this it the 2nd thread you started that you bring up Panda Energy and money. The first you say that Panda Energy shouldn't invest more in TNA. Now you are saying if they did TNA would be unstoppable.

When it comes down to it if you don't have great storylines(not saying I don't enjoy TNA just that most people seem to hate TNA) people won't watch. Also WWE is making partnerships left and right getting their name out there. TNA has really failed to do that. But to OP I would just stop making any more Panda Energy threads.
__________________
sendpm.gif
  #10  
Old 07-25-2011, 08:31 AM
The Suplexer Perfecter's Avatar
The Suplexer Perfecter The Suplexer Perfecter is offline
The One and Only
WWE Diva's Champion
 
Join Date: Jan 2011
Posts: 455
The Suplexer Perfecter is looking to come up from OCW...The Suplexer Perfecter is looking to come up from OCW...
Default

From Panda Energy's website:

Quote:
Altogether, the company has raised more than U.S. $5 billion to develop and build more than 9,000 megawatts of generating capacity
Notice how it said RAISED.

The Carters don't have BILLIONS in revenue and are NOT billionaires. If they were their company would be FAR bigger and you'd be hearing them A LOT more on the news.
sendpm.gif
 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 05:35 AM.

monitoring_string = "afb8e5d7348ab9e99f73cba908f10802"
Contact Us - Clear Cookies - Lost Password - WrestleZone Forums - Archive - Privacy Statement - Terms of Use - Top - AdChoices